Ortega Authorizes Loan Agreement with OPEC for $31.5 Million

The Nicaraguan regime approved a new international loan for over $31 million for a road project, according to Presidential Agreement 57-2026 published in La Gaceta

Ortega Authorizes Loan Agreement with OPEC for $31.5 Million

TL;DR

  • Nicaragua approved a new international financing agreement with the OPEC Fund for International Development.
  • The loan amount is $31,500,000.
  • Funds will be used for the rehabilitation of the Empalme Télica–Malpaisillo–Empalme San Isidro road.
  • Nicaragua's ambassador to Austria, Sahra Amari Murillo Centeno, is authorized to sign the loan agreement.
  • Presidential Agreement No. 57-2026 authorizes the loan and supersedes a previous agreement, No. 52-2026.